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1:12 am - Monday April 24, 2017

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Over 100 oncologists plead to PM not to go for higher tax on bidi under GST

Agencies, New Delhi Perturbed over the media reports that bidi may be exempted from the demerit good category and additional cess, oncologists from the country’s 108 cancer centers today pleaded Prime Minister Narendra Modi to stop what...

RBI announces auction of a 15-days Govt of India Cash Management Bill

Agencies, Mumbai Reserve Bank of India (RBI) announced the auction of 15-days Government of India Cash Management Bill amounting Rs 20,000 crore on April 25, 2017 . The auction will be conducted using ‘Multiple Price Auction ‘ method,...

World Bank approves $375 mn loan for developing National Waterway-1

Agencies, New Delhi In a major boost towards realising country’s ambitious inland waterways project, the World Bank has approved a 375 million dollar loan for capacity augmentation of National Waterway-1 (River Ganga) under Jal Marg Vikas...

Sensex ends strong at 28,864.71 pts

Agencies, Mumbai The benchmark index of Bombay Stock Exchange (BSE) advanced today by 103.12 points at 28,864.71 on firm global cues. The Nifty of National Stock Exchange (NSE) rose by 19.05 pointsto 8,926.90. The sensex registered day high...

Fujitsu says its biggest shareholder to unload its stake

Agencies, Tokyo Japan’s Fujitsu Ltd said on Tuesday its biggest shareholder would sell most of its stake in the electronics conglomerate, part of a plan by the two firms to unwind their cross-shareholdings. Fuji Electric Co plans to unload...

Brisk buying in late trade pushes Sensex up by 13.91 pts

Agencies, Mumbai The benchmark index of Bombay Stock Exchange (BSE) edged higher today by 13.91 points to end firm at 28,240.52, after trading in the red zone for most part of the day, on renewed buying in select stocks such as Health Care,...

Hero MotoCorp sales dips by 13.53 percent in January 2017

Agencies, Mumbai Motorcycle Major, Hero MotoCorp Ltd reported a decline of 13.53 percent in its total sales at 4,87,088 units. for the month of January 2017 as compared with 5,63,348 units sold in the same month a year ago. There is a positive...

Cognizant Expands Operations in Hong Kong

Agencies, Mumbai Cognizant , a leading global provider of information technology, consulting and business process services, today announced the expansion of its operations in Hong Kong with the opening of a new office. Cognizant’s expanded...